Summing Up The Week Despite signs from major industrial companies Boeing (BA) and Caterpillar (CAT) indicating a global macroeconomic slowdown, the markets closed the week surprisingly upbeat. However, October is historically a negative month, particularly if...
Summing Up The Week The week kicked off with China telling the U.S. to calm down and not get too excited over the “phase 1 trade agreement.” Things seemed to get rosy when JP Morgan (JPM) and the other banks reported good quarterly earning only to have the...
Summing Up The Week There was a lot of market-moving news this week, but the markets actually worked out a slight gain. China announced talks will resume in October. The UK voted to avoid a no-deal Brexit. However, the manufacturing index decreased for the first time...
Summing Up The Week After last week’s exciting Friday, everyone came into this week expecting the market to sell off dramatically on Monday. Trump headed all the Bears off at the pass with a tweet Sunday evening, and things progressed from there. All in all,...
Summing Up The Week Up until Friday, volatility had decreased substantially this week as the major market-moving event, the Federal Reserve Bank’s summit in Jackson Hole, Wyoming, wouldn’t yield any real fruit until the very end of the week on Friday when...
